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Walmart and Sam's Club are first NEW Foundation sponsors

Walmart and Sam's
Club have committed $100,000 as the Network of Executive Women's first
Foundation Sponsor, renewing their support of the Network’s mission to attract,
retain and advance women in the retail and consumer products industry through
education,leadership and business development.

Walmart, operator of
8,650 Walmart stores and Sam’s Club locations in 15 countries and employer of
more than 2 million associates worldwide, has been a Network sponsor since
2004.

"Walmart values
diversity in all aspects of the business," said NEW President Michelle
Gloeckler, Walmart’s senior vice president, merchandise execution. "The
Network of Executive Women has a mission that we support. We are proud to offer
our Walmart U.S. and Sam’s Club associates the opportunity, benefits and value
that NEW brings to our industry."

As a Foundation
Sponsor, Walmart and Sam's Club will receive exposure at national and
regional events and be able to leverage the Network's engagement
opportunities, educational experiences and other tools and support to advance
its diversity and inclusion values and strategies.

"As
the environment continues to change at a hyper pace, diversity
and inclusion becomes increasingly important for companies who are aiming to
create an insulating advantage," said Regenia Stein, vice president
business performance, industry development and communications for Kraft Foods,
who serves as NEW board member and sponsorship chair. "Seeking and
leveraging diverse perspectives provides for a more holistic,
360-degree view of issues and possible solutions. These varied opinions
allow for faster, more complete outcomes that can be executed in the
marketplace to the delight of our customers and shoppers.

"I applaud
Walmart's commitment to developing women by becoming the Network of Executive
Women's first Foundation Sponsor. Their visionary leadership
continues to set the standard for the CPG industry to follow."

The Foundation
sponsorship enables the Network to accelerate its planned growth in 2011, said
Joan Toth, NEW's executive director. "New offerings for sponsors include a
greater number of corporate memberships, more best practice reports and the
recently launched leadership academy webinars."

Seventy of the
cpg/retail industry's largest companies are committed to the Network’s goals.
Ninety-five percent of the Network's sponsors renew their commitment each year.

For complete details of sponsor benefits click here or
contact Nancy Krawczyk, director of client services-East, at (215)
327-4861 or nkrawzcyk@newonline.org, or Stephanie McFee, director of client
services-West, at (561) 459-5540 or smcfee@newonline.org.